Insurance for Security Guards

General Liability insurance is a coverage that protects security guards from a variety of claims related to bodily injury, third-party personal injury, property damage and advertising mistakes. It protects your livelihood should a liability claim or an accident occur during your business operations.

Rather than individual policies for property and liability, Business Owners Policy (BOP) is best. It covers damages to your building, equipment or inventory in case of fire, theft or natural disaster or possible medical expenses and bodily injury for which you're responsible. It also covers business income when you temporarily close and protection from forgery, fraud and other crimes.

Your business relies on vehicles for your daily business operations. This is why personal auto insurance as a security guard won't be able to cover everything. Commercial Auto insurance will have better coverage and higher limits than a personal auto can in an event of an accident. The insurance will also cover collision damage costs, medical payments and damage from natural disasters.

Workers' Compensation provides medical care, disability, and rehabilitation benefits to employees who got sick or injured on the job. The insurance will pay all the compensation and benefits within the state worker's compensations laws. It is a state-mandated insurance that businesses are required to carry when your security guard company meets the minimum requirements.

The security guard's equipment makes up the life or death of their business. When you provide security, you need to make sure that you can protect them in the times they need it the most. Equipment Breakdown will cover the repair or replacement of the equipment and any other property that has been damaged by the equipment.

Disability Insurance will provide a supplementary payment to the worker if he or she becomes disabled and is unable to work. The disability can be from the accidents or injuries on the job as well as a debilitating illness like a heart attack or cancer. This insurance will cover some of the worker's lost salary while they were recovering from the illness or injury.